Bitcoin Treasuries BTC Spot ETF Flows vs BTC Price
Bitcoin
Daily net flows of the spot Bitcoin ETFs overlaid on the BTC price — regulated fund demand and the market's response on one chart.
Why it matters
It tests how tightly the price of Bitcoin tracks the money entering and leaving the ETF wrapper.
How it is built
All funds' daily net creations and redemptions are summed into one flow series, with the BTC price drawn on a second axis.
What to watch
Persistent inflow streaks have coincided with rallies because issuers must buy BTC to back new shares; a rally without flow support, or heavy inflows the price ignores, are both telling divergences. ETF flow is fund creation/redemption — not exchange flow of coins.